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#4936
Thousand Oaks - Camarillo - Ventura

Thousand Oaks Restaurant/Bar with Hard Liquor

$80,000
Sold
Thousand Oaks Restaurant/Bar with Hard Liquor
This Listing is Sold

To Visit This Restaurant Please Select the Golden Button to the Left "Get Name/Address."‚Äč

Always be discrete when you visit the business.

This is a really Fantastic Asian restaurant with signature Sushi Rolls as well as the Standard Rolls, with great Sashimi and Entree Dishes prepared by some of the most creative Asian Chefs are like no other as they blend flavors and styles that are truly unique. With 4.5+ Stars on Yelp with over 160 reviews they have become an area favorite in a very short time. The Dining Room is setup for couples as well as larger groups. The custom tables are beautiful and there are booths too for those looking for a more private visit. The Sushi Bar is also an enjoyable experience as you enjoy your meal you can watch the Sushi Chef Masters put the ingredients together to form those delectable rolls.

The owner is looking to lighten his work load and is gearing up to retire as he has been in the restaurant business for decades and wants to spend more time with family and friends so he is ready to part with this beautiful restaurant. He owns other restaurants as well.  He has truly put together a restaurant that is very comfortable and has a friendly staff that makes the guests feel at home when they come in.

Whether its the delicious sushi, an excellently prepared entree or a  beautiful salad, this is the place to come to in Thousand Oaks. A new owner will have more time to devote to this business, and just this nurturing will add both sales and profit. The business is closed Sundays and adding this day and working it will certainly lead to more volume.  The restaurant has its own parking lot with room for 34 cars plus street parking. The bar has unique cocktails, 9 craft beers on tap (that change frequently) and a great selection of bottled, some of the finest Sake's, and a very nice wine list so everyone will find a drink they like.

Owner is reporting sales of $50 - $55K per month and profits averaging $6350 per month for this year, these numbers have not been verified by SellingRestaurants. A working owner can increase sales and bottom line profits.

 

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Thousand Oaks - Camarillo - Ventura
Lease Term:
Nov 30 2017 + 5 yr option
Total Monthly Rent:
$10,560
Security Deposit:
$10,080

Financials

Last Year's Food Cost %:
31.8
Last Year's Payroll Cost %:
21.4

Operations

Liquor License:
47
# of Full-Time Employees:
4
# of Part-Time Employees:
3
# of Working Owners:
1
Hours Open:
11:00 - 2:45 Mon- Fri
4:00 - 9:00 Mon- Thurs
4:00 - 9:30 Fri & Sat
CLOSED SUNDAYS
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
80
# of Parking Spots:
34
Inside Sq. Ft.:
3200

Highlights

  • Popular Asian Restaurant
  • Sushi Bar
  • Full Liquor 47 License
  • Large Parking Lot
  • Unique Menu Offerings
  • Great Demographic Area
  • Well Maintained

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 37,001 139,186
Households 3-mi. 5-mi
2010 Number Of Households 13,563 51,126
2010 Persons Per Household 2.65 2.67
Median House Value $631,600 $639,989
Income Per Household $104,715 $104,011
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,797 6,180
2012 Number Of Employees 41,698 142,384
2012 Total Annual Payroll $1,341,189,000 $4,098,002,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.

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